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This paper provides an overview of the taxation of capital gains arising from the sale of shares in a Thai private companies, Thai listed companies, and foreign companies.
It outlines the applicable
- withholding tax (W/T) and
- corporate income tax (CIT) or
- personal income tax (PIT) obligations
for both
- individuals and
- juristic persons
considering whether the seller is
- a resident or
- non-resident,
and whether
Double Taxation Agreement (DTA) applies
or not
Usually, if a dividend is paid, the payer must withhold W/T from the amount being paid out, submit it to the local Revenue Department and issue a withholding tax certificate to the recipient of the dividend.
If all is made according to the laws, the W/T paid can be used by the recipient as tax credit.
Capital Gain in Thailand on the Profit from the Sale of Shares of a
Thai Private Company
Capital Gain in Thailand on the Profit from the Sale of Shares of a
Thai Listed Company
Capital Gain in Thailand on the Profit from the Sale of Shares of a
Foreign Private Company
